#订单类型解析
As of May 31, 2025, the following is a summary of the important financial news of the day, covering US policy trends, global economic indicators, industry trends and market focus:
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🇺🇸 US policy and trade dynamics
1. Trump's tariff policy reverses
On May 28, the U.S. International Trade Court ruled that President Trump's imposition of reciprocal tariffs on various countries exceeded his administrative authority and demanded the revocation of the relevant measures. However, on May 29, the U.S. Federal Court of Appeals ruled to temporarily restore Trump's comprehensive tariffs, symbolizing a small victory for the White House in its tariff policy. 
2. Section 899 of the Big and Beautiful Act draws attention
In the "One Big Beautiful Bill" passed by the U.S. House of Representatives, Section 899 allows the U.S. government to increase taxes on foreign governments, companies, individuals, etc. investing in the United States. Former Vice Premier Shih Jun-chi pointed out that if Taiwan were included in the clause, it could have a significant impact on our economy, more serious than previous reciprocal tariffs. 
3. Trump calls for auto manufacturing to return to the United States
U.S. President Trump said that American automakers, including Tesla, must manufacture entire vehicles, including all parts, in the United States, emphasizing the goal of achieving 100% American-made vehicles within the next year. 
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🌏 Global Economic and Industrial Trends
4. China's manufacturing PMI has been in the contraction range for two consecutive months
China's National Bureau of Statistics announced that the manufacturing purchasing managers' index (PMI) was 49.5 in May, up from 49 in the previous month, but still remained at a contraction level below 50 for two consecutive months, indicating that the manufacturing economy has not yet recovered significantly. 
5. Global freight rates continue to rise
Affected by the tariff truce between the United States and China, freight rates from the Far East to the United States have risen for four consecutive weeks. The latest Shanghai Container Export (SCFI) Freight Index shows that the freight rate per 40-foot container from the Far East to the West Coast of the United States has increased by 57.9%, and the freight rate per 40-foot container from the Far East to the East Coast of the United States has increased by 45.8%. 
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📊 Market focus and investment trends
6. The June ETF ex-dividend wave starts ahead of schedule
The ex-dividend trend in June started ahead of schedule, and multiple ETFs will have ex-dividend dates one after another. Among them, bond ETFs performed well, with the average annualized dividend yield of the four-tier monthly allocation investment-grade bond ETF reaching 6%. Equity ETFs have also joined the ex-dividend ranks, showing that the ex-dividend trend covers a wide range. 
